Yes, shrewd in hindsight, but more an investment of courage as many analysts and financial writers were crafting Microsofts’s obituary at the time. Thank you, Sully, for commenting!
In my opinion value investing always becomes out of favour once markets irrationally rise. People are justifying their own "thesis" which is no longer based on any fundamentals. They just forget that no tree grows to the sky. Great post!
Microsoft was a very shrewd investment at the time.
Yes, shrewd in hindsight, but more an investment of courage as many analysts and financial writers were crafting Microsofts’s obituary at the time. Thank you, Sully, for commenting!
In my opinion value investing always becomes out of favour once markets irrationally rise. People are justifying their own "thesis" which is no longer based on any fundamentals. They just forget that no tree grows to the sky. Great post!